How Much Is e.l.f. Beauty Inc (NYSE: ELF) Worth And How Can It Be Managed

e.l.f. Beauty Inc (NYSE:ELF)’s traded shares stood at 3.16 million during the last session, with the company’s beta value hitting 1.46. At the close of trading, the stock’s price was $121.33, to imply a decrease of -1.45% or -$1.78 in intraday trading. The ELF share’s 52-week high remains $221.83, putting it -82.83% down since that peak but still an impressive 18.82% since price per share fell to its 52-week low of $98.50. The company has a valuation of $6.83B, with an average of 3.64 million shares in intraday trading volume over the past 10 days and average of 2.51 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for e.l.f. Beauty Inc (ELF), translating to a mean rating of 1.53. Of 12 analyst(s) looking at the stock, 0 analyst(s) give ELF a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 12 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.76.

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e.l.f. Beauty Inc (NYSE:ELF) trade information

After registering a -1.45% downside in the last session, e.l.f. Beauty Inc (ELF) has traded red over the past five days. The 5-day price performance for the stock is 0.94%, and 12.41% over 30 days. With these gigs, the year-to-date price performance is -15.94%. Short interest in e.l.f. Beauty Inc (NYSE:ELF) saw shorts transact 4.92 million shares and set a 2.23 days time to cover.

The extremes give us $45 and $250 for target low and target high price respectively. As such, ELF has been trading -106.05% off suggested target high and 62.91% from its likely low.

e.l.f. Beauty Inc (ELF) estimates and forecasts

Looking at statistics comparing e.l.f. Beauty Inc share performance against respective industry, we note that the company has outperformed competitors. e.l.f. Beauty Inc (ELF) shares are -23.43% down over the last 6 months, with its year-to-date growth rate higher than industry average at 13.21% against 2.30%. Revenue is forecast to grow 2.49% this quarter before jumping 82.10% for the next one. The rating firms project that company’s revenue will grow 30.33% compared to the previous financial year.

Revenue forecast for the current quarter as set by 15 analysts is 328.25M. Meanwhile, for the current quarter, a total of 15 analyst(s) estimate revenue growth to 380.21M.Earnings reports from the last fiscal year show that sales brought in 270.94M and 321.14M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 21.15% before jumping 18.39% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 47.62% for the past 5-year period. While 2024 is set for a 12.94% return in earnings, projections for the next 5 years are at 16.28% annually.

ELF Dividends

e.l.f. Beauty Inc has its next earnings report out on 2025-Feb-04. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

e.l.f. Beauty Inc (NYSE:ELF)’s Major holders

e.l.f. Beauty Inc insiders hold 2.64% of total outstanding shares, with institutional holders owning 101.40% of the shares at 104.15% float percentage. In total, 101.40% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 5.24 million shares (or 9.5706% of shares), all amounting to roughly $1.1 billion.

The next major institution holding the largest number of shares is BLACKROCK INC. with 5.08 million shares, or about 9.2711% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.07 billion.